RE: MFS vs. MFJ, don't jump too soon.

From: kmealy@juno.com (Keith Mealy)
Subject: RE: MFS vs. MFJ, don't jump too soon.
Date: Tue, 24 Mar 1998 18:38:28 -0500 (EST)

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While I agree with this, don't make the final decision until you've
done your state return.  At least in Ohio, there is a quirk.  While
filing MFS, you pay slightly more to the Feds, but much less to the state.

It's typically saved us several hundred dollars, net.  When my wife was 
a professional tax preparer, she could usually tell by looking at the
numbers whether it paid to try it out (wages split roughly 60-40 or
closer).

YMMV, as each state has its own rules.

Rich Carreiro writes:
(c) In almost all cases, spouses filing MFS will pay more taxes than
    spouses filing MFJ.


kmealy@bigfoot.com
Cincinnati, OH

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